The program is an initiative of the Youth Entrepreneurship and Innovation Multi-Donor Trust Fund. So far, USD 860,000 has been committed to three high impact SMEs led and owned by women and youth. The KES 1.25 billion Loan Portfolio Guarantee Facility will boost credit accessibility for local small businesses, including start-ups. Watch Our Video This portfolio guarantee is backed by the AFAWA Guarantee for Growth program, which aims to unlock up to $3 billion in loans for women entrepreneurs in Africa. AGF has issued a portfolio guarantee line amounting to CFAF 1.6 billion to Ecobank Benin to support SMEs, women’s entrepreneurship and the green economy. The facility will fuel the growth of SMEs, women-led businesses and climate-friendly investments in Kenya. The partnership targets women- owned businesses, as well as those in the sustainable energy sector. This guarantee has enabled the financing of a rooftop solar PV facility at the factory premises of Miniplast Limited in Accra, Ghana. The capital increase will complement our AFAWA risk-sharing mechanism and increase access to financing for women entrepreneurs in Africa.